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Beau of The Fifth Column

Let's talk about Canada, electricity, and the Trump effect....

Beau of The Fifth Column

Beau of The Fifth Column

Society & Culture

4.8965 Ratings

🗓️ 12 March 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about Canada, electricity, and the Trump effect....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again.

0:04.0

So today, we're going to talk about Canada, electricity, and the Trump effect,

0:10.0

which can definitely be called Trumpflation here.

0:13.0

The premier of the Canadian province of Ontario hit the U.S. with a 25% surcharge for electricity

0:20.0

in response to Trump's trade war. When the announcement

0:24.3

was made, the Premier said, quote, I will not hesitate to increase this charge. If the United States

0:30.9

escalates, I will not hesitate to shut the electricity off completely. Michigan, Minnesota, and New York get electricity from Canada.

0:41.3

This move by Ontario will impact millions of Americans who live or work in the estimated

0:47.2

1.5 million homes and businesses that obtain their electricity there.

0:52.8

The Canadian estimates say the consumers will have about

0:56.4

$70 U.S. added to their bills per month. Doug Ford, the premier who ordered the tax, said,

1:03.9

quote, we're seeing inflation happening already, and it's unnecessary. We don't need to do this. We can have the two most prosperous

1:14.1

countries in the world. We need to sit down as quickly as possible. Those people in the areas

1:21.6

affected should remember that when electricity costs increase across the geographic area, other prices tend to go up as well.

1:30.3

There aren't many businesses that operate without electricity. This effect could absolutely be termed

1:37.1

Trumpflation. While explaining why he was moving ahead, Ford said, quote, well, President Trump has said many times he's going to put a tariff on,

1:49.1

then he pulls it off, then he puts it back on. Once I touch the stove once and get burned,

1:56.3

I'm not going to get burnt again, and I apologize to the American people. I have talked to three

2:02.8

governors. They understand the situation we're in. We have to negotiate through strength, not weakness.

2:10.1

And I'd prefer to create an Am-Can fortress, an American-Canadian fortress, and be the strongest,

2:17.4

most resilient, and richest, safest,

2:19.7

safest two countries in the world. Ford has repeatedly indicated he wants to sit down with Trump

...

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